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. the victory over the turks meant that money was now available for grand enterprises. the monks' taxes paid for buildings rather than for weapons. these abbeys were meant to serve not only as religious communities, but also as hospices for the emperor. saint florian's abbey, begun in 1689, is the work of an italian and an austrian-- carlo carlone and jakob prandtauer. in true baroque fashion, the new abbey was a stage upon which royal ritual could be played out by the visiting emperor. paradoxically, the stage usually lacked its leading actor, for the emperor himself rarely visited any of the abbeys. but it didn't matter. the object was not imperial housing. it was to make a political point, to bear witness to the unity of christianity and empire. here we're dealing not with the glorification of an individual emperor, but with the need to assert the divine right to rule of an institution, the hapsburg empire. newly victorious over the turks, the austrians believed themselves to be the saviors of christian europe. they proclaimed their triumph in their art and in their architecture. the karl
, then i want to assure you that we will be very resilient. >> it is goodbye to the low-tax business model that attracted lots of money a broad, a huge number of inking jobs will go. the country's a second-biggest bank, lockheed, will be submerged into the bank of cyprus. that's a, too, will be radically structured. euros will remain frozen. 30% will be taken to help sort out the thanks debts. under this new plan, deposits under 100,000 euros will be protected. the measures will not only affect foreign investors, many will lose out as well. there are barely any provisions with -- people have been supporting themselves in old age. the deposits are now in danger. >> up to now, the people have been extremely calm. and it is the people that have been great, not the politicians in this. the first attempted to deal for cyprus was voted down by the country's parliament. this time around, there approval is not required. >> let's go now live to make who is standing by for us and has the latest. nathan, the president was scheduled to address the nation as of this hour. it is a little bit late. what
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